Japan Steel Works (OTCMKTS:JPSWY) Reaches New 52-Week High – Here’s Why

Shares of The Japan Steel Works, Ltd. (OTCMKTS:JPSWY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $23.01 and last traded at $21.53, with a volume of 235 shares traded. The stock had previously closed at $20.25.

Japan Steel Works Price Performance

The company has a quick ratio of 0.99, a current ratio of 1.84 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $3.20 billion, a PE ratio of 27.25 and a beta of 0.61. The stock’s 50-day moving average is $19.15 and its 200 day moving average is $18.76.

Japan Steel Works (OTCMKTS:JPSWY) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.30 earnings per share for the quarter. Japan Steel Works had a return on equity of 10.56% and a net margin of 7.01%. The company had revenue of $423.13 million during the quarter. As a group, equities analysts predict that The Japan Steel Works, Ltd. will post 0.81 earnings per share for the current year.

Japan Steel Works Company Profile

The Japan Steel Works, Ltd. engages in the provision of industrial machinery products, and material and engineering business in Japan and internationally. It operates through Industrial Machinery Products Business, and Material and Engineering Business segments. The Industrial Machinery Products Business segment offers plastic production and processing machinery, such as pelletizers, film and sheet manufacturing equipment, and twin-screw extruders; molding machines including plastic injection molding, magnesium injection molding, and blow molding machines; and other machinery consists of excimer laser annealing systems, defense equipment, railway products, hot press devices, vacuum laminators, and deposit systems, as well as after-sales services for plastics, mobility, high-performance batteries, electronic devices, and defense applications.